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Middle East shipments averaged about 12 million barrels of crude oil and 2 million barrels of refined products daily over the past seven to 10 days.
Aramco CEO Amin Nasser says less than 6 billion barrels of commercial oil remain in storage, with 10% or less readily available as supply buffers thin.
Investing.com -- Global oil storage accessible to the market has fallen to critically low levels, creating increased fragility in the market and pushing prices higher, according to industry executives speaking at a forum in London this week.